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ACKNOWLEDGEMENTS<br />

My thanks go to all those who have helped me in one way or another in the preparation<br />

of this thesis. I wish to highlight the positive attitude of the officers from the Bank of<br />

Mauritius, the Stock Exchange of Mauritius, the Central Statistical Office and the<br />

Registrar of Companies in their dealing with me.<br />

Professor John Adams who, in spite of his much stretched agenda, has during these<br />

few years always maintained close contact with me in addition to motivating me<br />

whenever discouragement was being felt at my level due to isolation and unsatisfied<br />

self-target resulting from difficulties of getting data. Moreover, Professor Adams has<br />

never imposed his views on me and has allowed me full liberty to deal with the subject<br />

the way I wanted- without failing to make precious suggestions and highlighting the<br />

potential pitfalls related to some of my proposed directions. I therefore remain highly<br />

indebted to him for the extensive amount of learning that took place during these years<br />

under his supervision.<br />

MY deepest gratitude goes to my wife and my two sons who had to bear with me in<br />

some difficult moments especially when my stress spilled over them. I dedicate this<br />

research to them.<br />

iii

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